Tariffs Drag Stellantis Deep Into the Red – and Will Get Worse in 2nd Half, Automaker Warns
Tariffs Drag Stellantis Deep Into the Red – and Will Get Worse in 2nd Half, Automaker Warns
With Tesla following Waymo and Uber set to get its own robotaxis into operation soon, the other ride-sharing giant, Lyft, is determined not to be left behind. The San Francisco-based ride-sharing service is partnering up with Holon and Bentler to start rolling out a fleet of autonomous shuttles next year. Headlight.News has more.
U.S. and European trade negotiators reached the framework agreement on a new trade deal that will result in new, 15% tariffs on most European goods shopped to the States, including automobiles. That’s a sixfold increases from before and for buyers of products from brands like BMW, Mercedes-Benz, Fiat and Maserati, that could mean substantially higher prices. It could also hammer profits for those manufacturers – though U.S. negotiators hope the deal will see more production moved to the United States. More from Headlight.News.
It might have been one of the worst-kept secrets in the auto industry…but now it’s official. Honda has confirmed the once-iconic Prelude will make its return in the form of a new “grand touring sports coupe” later this year. And it will have a lot in common with the...
If you’ve purchased a new vehicle this past year, chances are that you’re happier with it than ever before – or so show the results of the 30th annual J.D. Power APEAL study. It helps that initial quality is on the rise, but the annual owner survey also reveals a number of other reasons why buyers have grown increasingly passionate about their vehicles. Headlight.News explains.
There was plenty of, well, “buzz” when Volkswagen officially launched sales of the ID.Buzz battery-electric van last year, bringing out a modern incarnation of its legendary microbus. But that hasn’t translated into robust demand, VW selling barely 400 Buzz models a month so far this year. A temporary stop-sale didn’t help, but there are other problems that may be short-circuiting demand for the EV. Headlight.News has more.
Tesla reported a 16% plunge in second-quarter net income as its worldwide sales continue to decline. CEO Elon Musk warned that there could yet be “a few rough quarters” ahead before the automaker gets its long-promised “affordable” EV into production. More from Headlight.News.
Volvo will trim its U.S. line-up as it copes with the challenges posed by Pres. Donald Trump’s import auto tariffs. Among the models going away: the S60, S90 and ES90 sedans. More from Headlight.News.
As part of a new trade deal, Japanese auto imports will now face 15% reciprocal tariffs, down from the earlier 25% levied as part of Pres. Donald Trump’s trade war. Japan also agreed to set up a $550 billion fund to back investments in the United States. More from Headlight.News.
Acura gives a facelift – and more — to the compact Integra line-up for 2026, marking the nameplate’s 40th anniversary. Headlight.News checks it out.
General Motors reported a 35% decline in net income for the second quarter of the year, much of that due to the new Trump tariffs which took a $1 billion bite, the automaker reported. More from Headlight.News.
Stellantis reported a preliminary loss of $2.7 billion for the first half of 2025 – and the second half is looking to be even worse, the automaker warned Monday, putting much of the blame on Pres. Donald Trump’s automotive tariffs. Add program cuts and other issues and it creates some big challenges for new CEO Antonio Filosa. More from Headlight.News.